Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsBy shifting the focus from rigid gross export receipts to true, economically retainable value, this analysis challenges the structural assumptions underlying Indonesia's aggressive 100 percent natural resource repatriation policy.
Finance Minister Purbaya has pivoted toward an aggressive, pro-growth fiscal strategy that breaks from years of cautious discipline. However, using reserve cash and central bank surpluses to fund this vision may jeopardize Indonesia’s long-term institutional stability and debt credibility.
Growing public distrust of the newly formed sovereign wealth fund, Daya Anagata Nusantara (Danantara), has sparked online discussions on switching banks and cash withdrawals, leading analysts to debate the actual risks of a potential bank run or the ensuing economic crisis.
Bank Central Asia (BCA), Indonesia’s largest privately owned bank, has seen its net profit dip for the first time in at least 16 years as the COVID-19 pandemic affected loan demand and credit repayments.
After the merger is concluded, Bank Syariah Indonesia is expected to hold Rp 214.6 trillion (US$15.24 billion) in assets with a core capital of Rp 20.4 trillion and the bank could become one of the world’s biggest sharia banks by market capitalization by 2025.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.